Truck drivers exempted from diesel fuel tax in New York
This week, New York officials announced a fuel tax holiday through the end of 2022.
Gov. Kathy Hochul noticed the fuel tax suspension would include an excise tax on motor fuels, a state sales tax, and the Metropolitan Commuter Transportation District sales Tax on motor fuels and diesel.
The suspension of the fuel tax should reduce costs by at least sixteen cents a gallon across the state.
“Fuel prices have surged in recent months, hurting working families and small businesses the most, and it is crucial that we provide New Yorkers relief,” Hochul said. “By suspending certain fuel taxes for the next seven months, New York is providing some $609 million in direct relief to New Yorkers – a critical lifeline for those who need it most. At a time when families are struggling because of economic headwinds and inflation, we will continue to take bold action to reduce the economic burden on New Yorkers and get money back in their pockets.”
In addition to suspending the fuel tax, twenty-five New York counties have placed temporary caps on the sales tax charged per gallon of gasoline and diesel.
Some counties will only tax the first $2 per gallon of gasoline and diesel, regardless of the actual gas station price. Other counties will only tax the first $3 per gallon of gasoline and diesel fuel.
The fuel tax holiday went into effect on June 1, 2022 and will continue until the end of the year.